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Home My WebLink About0015 ! , ..•~r~~i~i`'iL~i~ijiri~i~SrrSifi~i~~`>~i~i~r~i~ili~i~i~i~i :'~~~~i~s~~~~i~~~~~~~~~~~~,i~~~i~i~~~~~~~~~~,t~~.'.'. :'i . :~~'~~i~: i~~~i'~~: : ~~~•i~s'~'~~~'~~.V".'i ~'i ~~i~~ :~r"i : ~ ~ ; ~ ~ 197~ ~ ; ~~1ay. .1~~ ~ . . ~ ~ ~ ~ ~ ;',QQQ.QQ-------~-~--- ~OR VALUE ~ECEIVED, the unclersigned, (ointly a+~d severaliy, PROh1iSE TO PAY to tnQ o~~e~ of - - ~ { ~ ~ r ~ . . _ ~S . _--t~J~.lli_.PZue1l.e~c---- arid.._. Anni.-Ilueller, -lii~ wife _ . ~ - - --~--S~uen_.ThQUSand._doll~rs . ar,d ~:o ~cents...~..~:...~~.t. . t~ouARS, ~ , a? . P.O._. B.ox_.~~~~-~...~J~.isa~a. Be~ch, ~ntario, .Caiiadn I,UT,~PO or stsch oth~~ plac3 as the hc~ider ~ . . • • • - . w: ; Ila,y~-~1~5, . . , hereof may designate in wrNin~ together with mtorest from Y " 19rJ . ~er centum er annum on the unpai~i ba(ance until mafurit~?. Ti~e said princiNal snd interes! shat) ~ ~ at the ~atc+ of p . > 2~ be due and payable as fotlowc: R ~ <,R103.69 a month! the firsl: paymei~t being due one montli from date, ar~d i ;4 continu~~ for each mont!~ ~thereafter un-~il paid in ful~.. This sum flf, ~j103.69 paid each month shall first be cz~edited to interes-~ and the ~ ~ rem~inder to ~che pri.ncipal of this obligation. TAIS NUTE h1AY BE ~ ~i YREPAID AT ANY TIN'~iE WITAOU~ PENAI~TY . . . e, . I f d~ f~u l t b~ ma d• f o r 1~ d a r s i n t h e ua yment of a•~ y instal4r.en1 of p~ineip~l or ir."ensl or sny part Ihereof, th• whol~ sum lhen ~.maining ~ ~ i; unp+id witN inNr~it ~hall st hold~r's e~non becoen• dua and payable without oolice. failu?e lo exercis• suc h aption s h: l l no t co r. s li l u t a : w a i v e ~ o f t h• } `ti ri4ht fo •r:~ltlfy th~ ssm~ in tF• w~M of sv6sequent deiault. Af1~r m~furify L-olh principal ~nd seuuad inUtett thell b~ar inleresl n p~? ceMuM ~ per annum until p~ld. Th• mskett and endorsen oi :hi• nole fu~ttie~ w+ive dem~nd, notic~ of non-payment tnd prdlest. If fhis not• it not paid al ~e mitvciry ~nd N» s~irw is plac~d wilh a~ aliormy fo~ coll~ct:on, Ih• m~k~rs +nd •ndoriers hereof ~~7re• ta pay all cosst oF coll:ction, including all court , - ~ costs and »sw+:e6l~ +ttoce~~T fH~. ~ i ! • _ - ~a ~ `1 - j~ - ~ ~a r . ~ / ~ ~ j (SEAL) ~ ~ ~ G-':- ~ - ;a ~ - ~ - - - - • - _ / ~ i~" - - / ~ ,~,•1?~~I.R ~ft ~ .l•.~L~.~~f/-~~ . - _ . . (SEAI) - Attest: - ~ . - - ~ ~ . ~ ; - - - - . . - (SEAL) ` - . . _ ~ _ . ~ ~f!*1f1~flJlflflF?~If~ 1~fi~lfljifl~~l~I~I~~~I~I~ ~I~I~I~I~f~l~l~f~l~i~I~ i i~i~1~~~? i i~1~ i~i~~ i i i i~i i~i i i~~~~+~~~~ir~~~~~~s~~~~~~'r~r i~s~~~i i~i~i i i~I~i~i~i'~~if~~if~fl • . . . • - • ~ . ' 3 - 3 ~ and ehal! duly, promptly and fully pertorm, diecharge, execute, etfect, completP, comply wlth and ab!db by each • ~ snd ev~ry the s~irulationa, agrcements, condi:ions and covenanta of said promis~ory note and oi this mortgage. ~ then thia tn~rtguge and Lhe eatate hereby crzated shall cease and be nu11 ana void. ~ - It is underatood thet eacli of tha words, "note," •'mortgagQY' and "mortgagee" respecUvely snd t~~e pron- . ouns referring thereto. whether in the singular or plural anywher~ in thta mortgage. ah~ll be ~ingular 1t one oNy , ~ ~ and ~hall be plural joinkly and sr.verslly. i[ more than one, and shall De maxuline, feminine and/or. neutar, svher- ~ ever the context oe impllea or admits. _ And aald Moriga.gor for himeel! and his hefra. legal reprt.aantativea, aucceasore and ssalgns, hereby coven- anta sr.a agrees to and with eaid Mortgagee. Ma legal repreaentaUvea, succeseor~ and ~lgna: " ~ 1. To pay all and singular the-principal and Interrat and the various and eundry auma or money paysble by ~ virtue oi aaid promissory ~oLe, and t.hie mortgage, ear.h and every~ prompUy on the daya re~pectivcly the ~am~ severally become due. - . ~ - - 2. To pay all ar~d ~~ngutar t3~E txxea, e~sessments, leviea, liabflitte::, obllgatiuns and incumbrtncea uf every ~ nature end kind now on said described property, and/or that hereafter may be imposed; avttered, placed, levied ~ - or assessed thereupon, and/~r that her~after' may_.be levied or assessed u~on this mortgage and/or the indzbted- _ ness secured hereby, each and every, wher due and payable sccording to lsw, betore they become delinqnent, ~ _ nnd befare any interest att~ches or - any penalty is incurred; and in so far ss any thereot ie ot rccor~l khe same - ~ ahall be promgUy satisfied and diseharged of record and thz original officIal document (auch a~, for inetance, _ _ the tax raceipt_ar the satlafaction paper oLflcially endorsed or certified> shall be placed !n the hsnds o! sald Mortgagee withln ten days next after payment; and 1n the event that any thereot is not ao paid, aatisfied snd ~ dlschargz¢~ said Mortgagef may at any Umc pay the same or any part ti~Ereet vrithout waiWng or atfectIn~ ~ any optibn, llen, equity or right under or by virtue ot this mortgage, and the full amount ot esch snd everq ~ . auch payment ghall be immediate'.y due and payable and shall bear interest from the date tlhereot unUl paid at ~.he rate of ten par centum per ar.num and toget~er witF such inter~st ahall '.~e aecured by the lien of thi~ ~ ~ mortgage. - . _ ~ ~ 3. ~'o place and contitnuously kee~ en ihe huildin~a now or hereafter attuate on said land itre and windatorm ~ s _ r ineurancs.in the usual standarcl policy f~~rrn, in a s•~m not less thsn 1n auch cora- ~ pany or comp^nies as may he approved by sairl Mortgn~ce: and al; such insvrance polietea on any of eaid bu!]d- ~ ings, gny iaterest therein or part therQOf, in the aR~;regate sum aforesai3 or in excess t~ereof, shall contain tr+a usval standard mortgagee clause making the lo~s ur.der said policies, each and every, payable to said riortg~- _ ~ gee as tiis interest may apgear, and each snd e~~ery such policy shall be promgUy delivertd to att3 held by saId I~tortgagee; and, not less than :en days in Rdvance of the expira!ion of each pollcy, to deliver to said Mortgagee ~ s renewal thereof, toRether with a receipt for ttie premium of aurh renewal• and there shall bc no auch insur• ~ ance placed on any oi satd building~, any interest thereln o* gart thereof, unlese in the form and with the la~ea ~ payable aa aforesaid; and 1n the ~event any sum of money becames payable under auch pollcy or pollciea aald ~ Mortgagte shall hnve the option to recefve and appiy the same on account of the fndeDtednear aecured hertby or to permit ~aid Mortgagor to recelve and use it or any part thereof tor other purposes wlthout thereby waiving or impairing any equity, Ue~ or right under or by virtue of thia mortgsge; and in the e~ent ssid Mortgag~r shall F for any reasoa fail to keep the said premi~es ~€o Inaured, or fail to dellver ~iomptly t?ny ot ~aid poFicia ot _ insurance to said Mortgagee, or fail promNtly to pay fully rsny premiurr~ therEfor. or in ~y reapect fatl to per _ - *orm, ~liacharge, execute, effect, complete, comply with and s5ide by thls covensnt,~ar any part htnoi, aatd Mortg- agee may place and pay for such insurance or any part thereoi without walving or aifect3ng any opt;or., lirn, ~ equity or right under or by virtue of thia rnortgage, and the fup arpount of each Rnd every ruct? payment ahall ~ be immedlntely due and payable and ahsll beir inteiest from the ~te thereoi until patd at the rstr, ~f ten per ~ centum per annum and toger}°r with such interest ahell be secur+td ~y the L'an oi thia mortg~ge. ~ . 4. To pzrrN~ commit or autter no weate, impairmeat or ~lcterloratio3 a' said pmperty or ar.r part.thereol. „ 6. To pay aLl and aingulu the costs, charge~ and expenses. including rea,wnable lawrye~~ tees and cost of ~ abatracta of title. _in~n~d or p~~d at enp tlme by asid Mortgrgee becs~ee and/or in the ~vent of ihe fallurs on the part ai the said Mortgagor to duly, pmmptly Rnd hilly parto~rao, dis~harge. exceute, efisct, complete~ - ~ comply with uf~ abide by es~c}? and every the atlpulatlons, agreemenb, condltlons and covenanfs of ssid promis- 4 - wry nate, and thls mortgage. nny or efther, and safd co~ta~ chargra aad expen~es, eacTn aad every. shall be im- - medlately due aad ps7able, afiether or aat there be noUce, dema.nd, stt~mpt to ool:ect or nalt penZLag; and Wi ~ full amount af esch aad every such psyment shall beaz tnteetiat lrom t2~ Aat~ tbrsreoi imttl paid at the r~te ot Len per eentum per annum: and all ~sld co~U. charses +aAd ~speQ~ee~ od inc~rreA ar paid. to~iber ~vltL ~uc~ in- ~ - ~E2'~~ lYJill-b0 /EC92TEd ~1QII Ot ~i~i Il10Ptgi~','E. r . ~ K ~ 800k ~~'J PAGE ~~J ~ ~ - ~